4.4 • 2.1K Ratings
🗓️ 7 March 2022
⏱️ 15 minutes
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0:00.0 | This podcast is sponsored by Canacord Genuity Wealth Management, award-winning wealth managers who go |
0:06.2 | above and beyond to support and guide you. Visit can-dowealth.com to start building your wealth with confidence. |
0:16.4 | Hello and welcome to Coffee House Shots, the Spectator's Daily Politics Podcast. I'm Katie Balls, and I'm joined by James Seif and Fraser Nelson. |
0:24.0 | So, as Ukrainian politicians warn that the situation is only going to get worse in the coming days, as Russia plans more attacks, |
0:32.1 | Boris Johnson is attempting to get on the front foot and lead the West with a six-point plan. |
0:36.8 | James talk us through that |
0:37.7 | plan. Is it meaningful action or is it more principles to show he's doing something? I think you |
0:43.1 | placed it in the New York Times. I think it's designed to show the kind of the UK is on the front foot, |
0:47.1 | which has been proved vindicated in various strategic judgments, most notably that Putin |
0:52.9 | was actually planning to invade Ukraine, |
0:55.6 | something that several other countries doubted, although I think even the British didn't |
0:59.9 | quite anticipate the kind of full-blown nature of it. And in terms of things like sanctions |
1:04.7 | on cutting Russia off from Swift, the UK has, I think, been ahead of a game. I mean, you know, |
1:09.9 | if you read the reporting in the |
1:11.6 | US press at the weekend making the point that the British had led the charge on that, where the UK is |
1:15.9 | a laggard, which is what this economic crime bill is trying to deal with, is in terms of |
1:20.1 | sanctioning individual oligarchs close to Vladimir Putin. I mean, the UK is really struggling to do |
1:25.0 | that. I don't think it has enough lawyers. We've developed |
1:28.0 | best things to look at it. I think it is struggling with the proportionality clause. So if you look at |
1:32.5 | the economic crime, but one of the things the government is trying to do is basically say that |
1:35.8 | the UK can sanction anyone sanctioned by either the EU or the US as a kind of workaround. But obviously |
1:41.7 | legislation takes time to get on the book. So I think that the UK |
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